New Trade Idea USOIL

FX:USOIL   CFDs on Crude Oil (WTI)
Primary Trade Setups

I see a vertical uptrend that was the recovery of an incredibly long descent. Let's hope the next correction in the areas marked always below the previous maximums. Not before. Unless the price reaches exactly 61% of 1D recoil without deviating. in this case, we will enter without waiting for the new test and maybe we can enter again in the other areas marked.

Secondary Trade Setup:

If the price decides to lower, we will wait for a new test in the area marked below the previous maximums. I believe that movement is a new test when the candles of the opposite color are raised and then rejected. There must be at least one candle closed on the opposite side.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out